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Microcap & Penny Stocks : Integral Technologies -- Ignore unavailable to you. Want to Upgrade?

To: acyberguy who wrote (381)	4/30/1998 9:55:00 PM
From: Jay Lowe	Read Replies (1) \| Respond to of 1108

You're doing just fine ... You may want to consider holding your purchases for a longer period of time. One of the most popular ways to lose money in the beginning is to jump in or out too soon. If you ask around, I'll bet you'll find very few people who have sold something that didn't end up higher at a later date. The best way to learn is to put, say, 1/10th of your capital into about 10 or so stocks ... as many as you can keep track of easily. Then watch them carefully ... you'll begin to see the patterns of the market, of stocks within the market, and of your own feelings, thoughts, and behaviors ... That's 1/10 total, split between 10 stocks ... keep the 90% on the sidelines or in an index fund ... second most popular way to lose is to become illiquid ... so save your cash to jump in when the time IS right. The most useful thing you can do is to take it easy and learn from everything. Specifically, regarding ITKG, you ought not to have bought any shares until you had done your research to verify that the stock actually has a real business behind it ... and from a study of that business, to determine what your price target and timeframe is. It's hard with something like ITKG, but still, if you had set your "ITKG strategy" = "Ok, ITKG anywhere from .9 in to 5 out within 12 months" then the ups and downs are irrelevant so long as the research remains true. Try www.motleyfool.com as a reasonable place to start learning. ITKG oought to be considered a long-term investment... it will take some time for the company to show major gains ... and due to the nature of the product and the manangement style, the company is less of a candidate as a trading stock. You might want to rein in your enthusiasm for awhile... it's possible to get wiped out playing the stocks you are into until you learn the game... no dang reset switch. Sounds like you're doing fine otherwise ... good luck! Jay